New technology with no time for regulation?

Have you heard of periscope? The new ap enables users to live stream footage for as long as their phone has battery to a world wide audience. Viewers are able to live text the creator, asking them questions and potentially influence the producers content. 

For example, if I filmed myself interviewing somebody, you could text suggested questions or feedback as I filmed. This footage is then uploaded as a recording to the ap, should the Producer wish.

However, this week somebody used periscope to live stream leaked episodes of GOT before its scheduled broadcast. Not surprisingly, GOT producers are calling for action. 

Is there a danger with new technology that the rate at which new programmes and formats are created mean that regulation and censorship is forgotten? It seems that producers of new technology often do not fully consider the negative implications of their work until something happens. 

What are the other potential danger for audiences and producers of Periscope?